Lindsell Train Ltd, an investment management company, has released its “Lindsell Train Global Equity Fund” first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The objective of the fund is to boost long-term Shareholders’ capital from an actively managed global equity portfolio, mainly on recognized exchanges in developed countries worldwide. The fund returned -2.0% in the quarter, outperforming the -4.7% return for the benchmark MSCI World Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2025.
In its first-quarter 2025 investor letter, Lindsell Train Global Equity Fund highlighted stocks such as TKO Group Holdings, Inc. (NYSE:TKO). TKO Group Holdings, Inc. (NYSE:TKO) is a sports and entertainment company. The one-month return of TKO Group Holdings, Inc. (NYSE:TKO) was 6.97%, and its shares gained 57.71% of their value over the last 52 weeks. On July 2, 2025, TKO Group Holdings, Inc. (NYSE:TKO) stock closed at $177.46 per share, with a market capitalization of $14.507 billion.
Lindsell Train Global Equity Fund stated the following regarding TKO Group Holdings, Inc. (NYSE:TKO) in its Q1 2025 investor letter:
“TKO Group Holdings, Inc. (NYSE:TKO) is still riding high on the successful signing of new marquee deals for its core Raw and Smackdown wrestling franchises, with Netflix and NBCUniversal respectively, and now inevitably all eyes have turned to the next set of negotiations: those for the domestic rights to its UFC property, and the WWE premium live events. Enthusiasm for mixed martial arts, and UFC’s content specifically has only grown since the previous deal was struck back in 2018, and a considerable uplift is expected. The rising values of sports rights is certainly an encouraging backdrop – note that the NBA nearly tripled the value of its own rights in a deal only last year. To put TKO’s aspirations in context, management genuinely believes UFC could one day supplant baseball’s position as one of Lindsell train the USA’s top 3 favourite sports, alongside American football and basketball.”
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TKO Group Holdings, Inc. (NYSE:TKO) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 43 hedge fund portfolios held TKO Group Holdings, Inc. (NYSE:TKO) at the end of the first quarter, which was 54 in the previous quarter. While we acknowledge the potential of TKO Group Holdings, Inc. (NYSE:TKO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains.